Good Morning Traders.
It is Thursday the 13th of April and here are some things to look out for today.
Sentiment
The dollar fell against most G-10 currencies as expectations grew that the Federal Reserve would raise interest rates only once more next month before beginning to ease later in the year. Treasuries fell, while European and US equity futures rose.
The White House said Thursday that data does not point to a US recession, contradicting Federal Reserve staff economists who forecast a minor contraction starting later this year.
Docket
8:30 AM ET
US PPI YoY - Median Forecast 3% | Prior 4.6% | Range 3.6% / 0%
US Initial Jobless Claims - Median Forecast 235K | Prior 228K | Range 250K / 195K
11:30 AM ET
US sells $60 bln 4-Week Bills
1:00 PM ET
US sells $18 bln 30-Year Bonds
Speakers
9:00 AM ET
BoC's Gov. Macklem participates in a fireside chat at IMF Spring Meetings Governor Talks.
BoE's Pill speaks at Market News International Connect Video Conference on ‘Developments in the UK Economy and Monetary Policy’.
2:00 PM ET
ECB's Nagel speaks on IMF panel in Washington.
Good luck!
